Aluula Composites Balance Sheet Health
Financial Health criteria checks 3/6
Aluula Composites has a total shareholder equity of CA$10.9M and total debt of CA$1.7M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CA$15.9M and CA$5.0M respectively.
Key information
15.7%
Debt to equity ratio
CA$1.71m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.14m |
| Equity | CA$10.91m |
| Total liabilities | CA$5.03m |
| Total assets | CA$15.95m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: AUUA.F's short term assets (CA$5.1M) exceed its short term liabilities (CA$4.3M).
Long Term Liabilities: AUUA.F's short term assets (CA$5.1M) exceed its long term liabilities (CA$743.2K).
Debt to Equity History and Analysis
Debt Level: AUUA.F's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AUUA.F's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AUUA.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AUUA.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56.6% each year